WSO technical analysis
WSO Technical Analysis
Analysis date
August 7, 2026
Market
NYSE (USD)
Daily cutoff
August 6, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
WSO Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- WSO
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 6, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 321.02 | August 6, 2026 | - | Verified |
| Verification series | 321.02 | August 6, 2026 | 0.00% | Verified |
Bottom line
WSO Technical Analysis Summary
WSO (Watsco) turned sharply bearish in late July 2026 after a heavy-volume selloff broke the stock below all three key daily moving averages. The daily chart at 321.02 sits below the SMA20 (355.53), SMA50 (372.20), and SMA200 (373.79), with daily RSI14 at 34.10 and a negative MACD, and the stock is trading near the bottom of its 52-week range at 13.18% of the annual range. The weekly chart confirms the damage: price at 309.30 on the last completed week is below the weekly SMA20 (384.58), SMA50 (375.54), and SMA200 (380.16), with weekly RSI at 33.25 and a fresh bearish MACD crossover. ATR has expanded to 14.33 on the daily (4.46% of price) and 31.65 on the weekly (10.23% of price), reflecting a sharp rise in volatility. Key support sits at the 20-day low and 60-day low of 300.66, which also matches the 52-week low. Resistance is at the daily SMA20 (355.53), SMA50 (372.20), and SMA200 (373.79), with the 20-day high at 396.68 above. A close back above the SMA20 would be the first sign the selloff is stabilizing, while a break below 300.66 would signal the next leg lower.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 6, 2026)
- Trend
- Bearish. Price at 321.02 is below SMA20 (355.53), SMA50 (372.20), and SMA200 (373.79), with the averages in descending order. The late-July breakdown took the stock through all three averages, and the short-term structure is now firmly to the downside. The 20-day low at 300.66 is the immediate support.
- Momentum
- Weak. RSI14 at 34.10 is below the 50 midline and approaching the 30 oversold zone. MACD line at -17.00 is below the signal line at -13.93, with a negative histogram of -3.06 and both lines below zero, indicating downside momentum is dominant.
- Volatility
- Elevated. ATR14 at 14.33 (4.46% of price) reflects unusually wide daily ranges after the late-July selloff. Bollinger Bands (300.94 to 410.13) are wide, and price at 321.02 sits in the lower portion of the band, near the lower band, consistent with a market under distribution.
- Volume
- Near average. Latest volume of 537,283 is 102% of the 20-period average (529,324). The heaviest volume came on the July 29 breakdown, and recent sessions show more normal participation as the stock stabilizes just above the 300.66 support.
Assessment
The daily chart is firmly bearish after the late-July breakdown. Price is below all three key averages, RSI is weak, and MACD is negative with both lines below zero. Price sits near the lower Bollinger band and just above the 52-week low at 300.66. A close below 300.66 would open the next leg lower, while a recovery back above the SMA20 (355.53) would be needed to rebuild a constructive daily structure.
Weekly (July 27, 2026 week)
- Trend
- Mixed to bearish. Price at 309.30 on the last completed week is below SMA20 (384.58), SMA50 (375.54), and SMA200 (380.16). The averages are no longer in a clean ascending order after the breakdown, and price has moved below all three, signaling that the intermediate-term trend has turned down.
- Momentum
- Weak. RSI14 at 33.25 is below the 50 midline and close to the oversold level. MACD line at -7.55 is below the signal line at -0.45 with a negative histogram of -7.10, confirming a fresh weekly bearish crossover as momentum rolls over.
- Volatility
- Very high. ATR14 at 31.65 (10.23% of price) reflects extreme weekly swings, with the July 27 week down about 14.6%. Bollinger Bands (323.72 to 445.45) place the weekly close at 309.30 below the lower band, an extreme oversold reading that often follows sharp declines.
- Volume
- Well above average. Weekly volume of 4,621,400 is 210% of the 20-week average (2,200,480), confirming that the July selloff occurred on heavy participation rather than thin trading.
Assessment
The weekly chart confirms the bearish shift. Price broke below all three weekly averages on above-average volume, weekly RSI is near oversold, and a fresh bearish MACD crossover is in place. The close below the lower Bollinger band suggests the move is stretched and a stabilization attempt may be near, but the trend structure has clearly deteriorated. Note that trading in the current, incomplete week through August 6 has been above the 309.30 weekly close, so the next completed weekly bar may recover some ground. A weekly close back above the SMA20 (384.58) would be the first sign of repair.
Key indicators
WSO Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 34.10 | 33.25 |
| MACD (12, 26, 9) | -17.00 / -13.93 / -3.06 | -7.55 / -0.45 / -7.10 |
| ATR (14) | 14.33 (4.46%) | 31.65 (10.23%) |
| Bollinger Bands (20, 2) | 300.94 - 410.13 | 323.72 - 445.45 |
| SMA (20) | 355.53 | 384.58 |
| SMA (50) | 372.20 | 375.54 |
| SMA (200) | 373.79 | 380.16 |
Price structure
WSO Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 321.02 | 309.30 |
| 1-Period Return | -3.63% | -14.56% |
| 5-Period Return | +3.31% | -24.05% |
| 20-Period Return | -14.28% | -14.64% |
| 60-Period Return | -23.77% | -27.79% |
| 252-Period Return | -22.54% | +33.33% |
| 52-Week Low | 300.66 | 300.66 |
| 52-Week High | 455.09 | 455.09 |
| 52-Week Position | 13.18% | 5.59% |
Key levels
WSO Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 396.68 | 455.09 |
| 20-Period Low | 300.66 | 300.66 |
| 60-Period High | 421.70 | 478.96 |
| 60-Period Low | 300.66 | 300.66 |
Scenarios
WSO Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims the daily SMA20 (355.53) on above-average volume and then closes back above the SMA50 (372.20), signaling the breakdown is being repaired.
Invalidation
Price fails at the SMA20 and rolls back below the 60-day low at 300.66, extending the downtrend.
What to watch
Daily RSI recovering above 40 and toward 50; MACD histogram turning less negative; volume expanding on up days; a stabilizing close above the SMA20 on the weekly chart.
Range-Bound
Trigger
Price holds above the 300.66 support while failing to push back above the SMA50 (372.20), settling into a basing range as sellers digest the late-July move.
Invalidation
A decisive break below 300.66 or a recovery above 372.20 with sustained volume.
What to watch
RSI oscillating between 25 and 45; MACD histogram flattening near zero; volume returning to average levels; price building a higher low above 300.66.
Bearish
Trigger
Price breaks below the 60-day low and 52-week low at 300.66 with expanding volume, signaling the next leg of the downtrend.
Invalidation
Price reclaims and holds the daily SMA20 (355.53), re-establishing a more constructive daily structure.
What to watch
Sustained closes below 300.66; weekly RSI staying below 35; volume rising on down days; a further negative MACD crossover on the weekly chart.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 6, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 6, 2026, weekly July 27, 2026 week. Generated August 7, 2026.
Related Tools
AI Chart Analyzer
Upload a TradingView chart screenshot and get instant AI-powered technical analysis. Identify patterns, support and resistance, and key levels.
Support and Resistance Calculator
Calculate key support and resistance levels for any stock. Identify potential price zones where reversals or breakouts may occur.
RSI Calculator
Calculate the Relative Strength Index for any stock. Determine overbought and oversold conditions with customizable periods.